UK to invest 200 million pounds in Acorn carbon capture project in Scotland
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 12 2025
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Source: Reuters
Investment in Carbon Capture: The UK government is investing £200 million ($272 million) in the Acorn carbon capture and storage project in Scotland, which aims to help meet the country's net zero emissions target by 2050.
Job Creation and Future Projects: This funding will support job creation in Scotland and the Humber region, with additional backing for the Viking CCS project, potentially capturing up to 18 million tonnes of CO2 annually as part of a broader £9.4 billion commitment to carbon capture technology.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
